<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE OPTEL, INC. FISCAL YEAR ENDED AUGUST 31, 1996 AND THE SIX MONTH PERIOD ENDED FEBRUARY 28, 1997 FINANCIAL STATEMENT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> YEAR 6-MOS <FISCAL-YEAR-END> AUG-31-1996 FEB-28-1997 <PERIOD-END> AUG-31-1996 FEB-28-1997 <CASH> 1,677,332 135,015,397 <SECURITIES> 0 0 <RECEIVABLES> 3,605,853 4,459,962 <ALLOWANCES> 542,134 819,999 <INVENTORY> 0 0 <CURRENT-ASSETS> 0 0 <PP&E> 109,670,849 131,467,313 <DEPRECIATION> 5,871,199 9,426,626 <TOTAL-ASSETS> 175,978,345 417,881,390 <CURRENT-LIABILITIES> 0 0 <BONDS> 98,377,727 348,337,390 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 23,046 25,296 <OTHER-SE> 59,256,709 49,962,108 <TOTAL-LIABILITY-AND-EQUITY> 175,978,345 417,681,390 <SALES> 0 0 <TOTAL-REVENUES> 27,604,847 18,621,717 <CGS> 0 0 <TOTAL-COSTS> 11,867,960 8,701,471 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 1,376,835 838,662 <INTEREST-EXPENSE> 5,999,133 8,601,762 <INCOME-PRETAX> (18,429,784) (16,292,351) <INCOME-TAX> 0 0 <INCOME-CONTINUING> (18,429,784) (16,292,351) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (18,429,784) (16,292,351) <EPS-PRIMARY> (8.30) (7.01) <EPS-DILUTED> (8.30) (7.01)